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Section 47 - Agreements Exculpating Credit Union for Wrongful Payment of Account

MA Gen L ch 171 § 47 (2019) (N/A)
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Section 47. Any agreement between a depositor or shareholder and any credit union which exculpates such credit union when an account, or any part thereof, is paid by such credit union to a person unlawfully presenting a passbook, or other instrument as evidence of such account is hereby declared to be contrary to public policy and void.